Bill BonnerDo you know anything about this dooms day guy by the name of Bill Bonner from Agora????? He says he has correctly predicted many sell offs in the past. I have never even heard of him. Why doesn’t he get any press??????
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Bill Bonner founded Agora Publishing, Inc. in 1979. Today he is a multi millionaire and spends much of his time in France where he owns a chateau in the countryside. Today under Agora Publishing he has subsidiaries like Stansberry Research, Money Map Press, Agora Financial Publicaions, etc. he currently has over 600,000 subscribers more than the New York Times and the Wall Street Journal combined. For the most part, he stays out of the limelight and is rarely seen. He has authored several books including The Day of Reckoning about 25 years ago.
His latest book Hormegeddon was an entertaining read. He is right in sync with Ron Paul, Peter Schiff, Jim Rickards and Austrian Economic like-minded folks, in general, if you’re into that sort of thing.
Through his Daily Reckoning column Bill Bonner has become one of the best known and highly acclaimed writers of the past few decades, where has this guy been hiding that hasn’t heard of him or thinks he dosent get any press? Bill Bonner may be depicted by some who prefer to stick their heads in the sand as a “doomsday writer” but I see him as do 10,000’s of others as a REALIST who writes about the real problems of our civilization with candour and no pandering to the powers that be. He has a huge ranch in Argentina from where he writes his Daily Diary. Love him or hate him Agora Publishing has been one of the greatest business success stories of the past few decades with affiliates all over the world.
Agree. I rather wish that I and a few others I know who were so negatively affected by the 2007/2008 crash were paying better attention to those with a grasp of real economics who were clearly sounding the alarm in the years before. I don’t mean the shrill build-your-bunker NOW types, I mean reasonable people with respectable credentials and/or a record of success.
What turns so many people off, understandably, are the sales tactics. I have mixed feelings about that because it can be tough to attract the public’s attention at all, let alone motivate them to actually take action or even just read a book. Though I like and respect Jim Rickards for example (who also writes for Daily Reckoning), I remember laughing out loud at this part of a pitch his guys put together: “It could happen at any moment. But there’s still time to act!” Slightly contradictory, boys!
But I plead guilty too. No one who has ever been responsible for sales/marketing (when all eyes are on YOU to bring in the business, so their paychecks don’t bounce) hasn’t gone too far at some time to perform. I remember losing a sale one time for good reason. It was going very well until I (following my script) informed the prospect that if he acted NOW he’d get today’s “special discounted price.” His expression completely changed. As much as he liked the product (and it was a good one) he refused to buy on principle because he disagreed with such tactics – it was a personal policy of his. I didn’t really mind losing the sale, because I kind of agreed with him. Left to my own devices (no script), as long as I was truly enthusiastic about what I was selling, I could be pretty good at sales. But in general it remains an ethically-challenged field.
Patricia, I was in sales of insurance for 42 years. You are so right in saying that sales is an ethically challenged field. I believe that my longevity in sales for me, is that to sleep well at night I had to do what was right. Not rip the public off and mislead my clients. This worked well for me as my business grew by referrals and my clients trusted me.
Very few salespersons, in any field of sales, has this-work ethic .
I am now retired but reacted recently, as your client did , to a High pressure salesman. I would not buy from him because of this. It appears that this has become more of the norm today. When I first started my agency, a handshake was sufficient, sadly no longer
Once upon a time I sold insurance. I was recruited by the man who became my supervisor. He saw me on the job at the pizza restaurant I managed no matter what day or time he came in. He said I could work 1/2 as hard and make twice as much if I came to work at his insurance company. Of course a lot was unsaid but as I worked there and listened to the incredibly entertaining stories was that it was required to have an utter lack of morals procure clients and sell the product. I gave my notice after trying (trying to sell not trying to be corrupt) after a whole year of this. Even jobless and broke I still was thankful for it getting me out of managing a pizza restaurant.
It is good to see comments like those from Patricia and the above Guest.
I read him daily. He speaks a lot of truth, its just most people are afraid to hear it. Take him for the Geo-political and long term economic lessons he gives.
He’ll also admit to being very wrong for very long periods of time if you read his more serious work — in his ads, not so much.
Yes, Bill Bonner does not try to forcast the market but points out big picture problems & causes which I think are relevant.
Amen, Bill Bonner does not call stocks, nor claim to provide ‘hot tips’. I like his big picture take on the country and the world. I know Bill tends to be on the ‘DoomsDay’ side of things but not without reason. His balance helps me not to take recent upticks for granted.
Why does he never mention the IRS, and the FED are not part of the government of the USA?
Does the name Rothschild mean anything to you?
Recently (Today is June 13, 2020) he’s doing a pitch for the The Bonner-Denning Letter and mentions HR 2990 and HR 2299 . In these ads it seems to mention that the Fed Reserve is separate from the Treasury and major changes are coming.
Anyone know what his exploit of those changes is? And what his Three Asset Solution is? The ad says: How to use the “Three Asset Solution” to keep your money safe… and growing… no matter what’s going on!
I’ll repost this in the “Start a Discussion” section as I’m guessing that’s the best place to see whether Travis or anyone has more insight on this ad.
I will say that for years before the mortgage crises I was getting emails from him to subscribe to his newsletter to protect yourself from the upcoming mortgage crises. He surely called that one correctly, though I can’t tell you one way or another if his advice would have protected anyone from the crises, if followed.
Bonner is currently doing a heavy push for a new, pricey-for-the-non-rich, service called Bonner’s Private Portfolio. $1950 per year til midnight tonight. Certainly strongly marketed to Oxford Club members.
Of late, I’ve been paying better attention to Oxford Club newsletters and their portfolios seem to be doing pretty well. I have not been trading for past couple of years, on cancer hiatus, successfully completed, so considering this. Wonder if others here have opinions?
Thanks!
Bill Bonner ,a scamming coward.How can any hardworking tradesman listen to his tripe .He is as unAmerican as Fidel Castro my apologies to Mr Castro.Building a country on sand is a common business practice!selling it to the weaker consumer is your choice ,please don t include true Americans who love ,fight and build this country!We are an every changing society that’s what makes life worth living.You evil money miser the gail to call yourself American you transient.There are three kinds of people in my world the makers ,takers ,and fakers .You apply to the last two.your kind will always be weeded out by the people ,yes their are still people who can t be bought !Wake up America tear down these Creaters of illusion .Thanks for the laugh if money is all you care for that’s all you get !Sit on it !
As far as Bonner’s predictions go: broken clock is right twice a day
Yes, Bill is a ‘Doom’s Dayer.’ Eventually, all Gloom and Doom’s Dayers are correct because eventually the market does fall/correct. The problem is that Doom’s Dayers could be off 6 months to 6 years !
Bill Bonner should investigate the people he allows to publish newsletters he sells. I bought Stockman Bubble Finance. I subscribed to the newsletter, which was a bit pricey. My recommendation – Don’t use this advice! I invested in 7 or 8 options over a period of time in 2017 per Stockman Letter advice, which seemed well developed and rational. Every one of the puts turned into losses, over $18,000 cumulative lost(including the recent TSLA, XPO and SPY puts expiring 1/18/18). Unless you can afford to lose your portfolio, you will be better off in a passive index!! PS. I cancelled my subscription!